All Shoe Intelligence articles in Volume 21, Issue 3-4 – Page 4
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Article
Vivarte goes ahead with La Halle merger
Vivarte took a step further in the improvement of the group's efficiency with a formal merger of La Halle's two brands, La Halle Mode et Accessoires (Fashion and Accessories) and La Halle Chaussures et Maroquinerie (Shoes and Leather goods) – effective Jan. 1, 2019.The management said the merger has no ...
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Article
Problems ahead for Russian shoe retailers and importers
Shoes are among the products whose prices will be growing most rapidly in Russia in 2019, said the Russian Central Bank in a statement on its website a few weeks ago. The industry must be braced for perfect storm with the impact from an increase in the VAT rate, the ...
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News briefs
The new free trade agreement between the European Union and...
The new free trade agreement between the European Union and Japan became effective on Feb. 1, and it will have a significant impact on European shoe exports. The Economic Partnership Agreement, also referred to as Jefta, immediately eliminates over 90 percent of tariff duties on European exports, gradually increasing the ...
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News briefs
The planned free trade agreement between the European Union and...
The planned free trade agreement between the European Union and Vietnam is in the doldrums. According to our sources, the draft of the agreement is practically ready, but it will be very hard for the European Commission to get it translated into all the languages of the EU for approval ...
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News briefs
The Prada group has entered a five-year energy agreement with...
The Prada group has entered a five-year energy agreement with an Italian company, Metaenergia, for the supply of green energy. The contract, which covers all the fashion house's industrial and commercial sites in Italy, is expected to reduce CO² emissions by over 20,000 tons a year. Prada will also study ...
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News briefs
Ara AG, the holding company of Ara Shoes, Lloyd, Legero and Salamander,...
Ara AG, the holding company of Ara Shoes, Lloyd, Legero and Salamander, has decided no longer to exhibit at the Gallery Shoes and Expo Riva Schuh trade shows in Düsseldorf and Riva del Garda. According to Resimir Zovak, sales director at Ara, the company has realigned its trade show strategy and will ...
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News briefs
After launching its first private label for women, called Franz...
After launching its first private label for women, called Franz Ferdinand, in September 2018 – in time for the spring/summer 2019 season – Schuhe24, the online marketplace for independent shoe retailers, has now opened its first brick-and-mortar store in Germany. The new Franz Ferdinand store is company-owned and located in the city ...
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News briefs
Kat Maconie has opened her first store, ten years after...
Kat Maconie has opened her first store, ten years after launching her eponymous brand, in 2009. The first concept store of the British footwear designer is located in London, in the busy neighborhood of Bermondsey, best known for its converted warehouse buildings. The store's interior, designed by Emma Larsson Revitt, ...
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News briefs
A Chilean company, Forus, has acquired the right to distribute...
A Chilean company, Forus, has acquired the right to distribute Aldo in Uruguay. Specifically, Forus will be taking charge of the country's two Aldo stores, which operate in two different shopping malls in the capital of Montevideo. With this deal, Forus now controls the rights to some 35 brands and ...
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News briefs
Footwear accounts for almost half of online sales of luxury...
Footwear accounts for almost half of online sales of luxury fashion products in the U.S., according to NPD. The annual spend on shoes has reached $794, after growing at an annual average rate of 4 percent in recent years, with a purchase frequency of 1.6 times a year. Luxury apparel ...
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News briefs
According to the database of the European Clearing Center (ERIX), sales for the...
According to the database of the European Clearing Center (ERIX), sales for the German shoe retail industry were about 7.2 percent lower in 2018 than in the previous year. Germany, the largest and most open shoe market in Europe, booked a sales increase of 1.7 percent at retail in 2017, culminating in a ...
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Article
Piccadilly launched new initiatives in Brazil and abroad
As indicated in our last issue, the economic stability that Brazil seems to have achieved with the election of a new pro-business president is encouraging small and large producers in the country to take new initiatives.Piccadilly, the big Brazilian maker of synthetic shoes, is still focusing on its huge domestic ...
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News briefs
Obuv Rossii Group, the big Russian footwear company, opened 48...
Obuv Rossii Group, the big Russian footwear company, opened 48 new franchise stores in Russia in 2018. Of these, 28 were opened in the fourth quarter under the S-tep and Lisette banners. By the end of the year, Obuv Rossii was operating 161 franchises and more than 700 outlets overall. ...
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Article
Tod’s posts disappointing Q4 sales, fueling doubts
Tod's posted disappointing sales in the fourth quarter, missing market expectations by about €8 million, and failing to deliver on its promise of a relaunch in the second half of 2018 thanks to investments in manufacturing, products and the digital platform.For the full year, the top line dropped by 2.4 ...
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News briefs
Mirapodo is restructuring its purchasing department. Franka McHardy, 35, is...
Mirapodo is restructuring its purchasing department. Franka McHardy, 35, is assuming overall management of Mirapodo's purchasing department. She will be responsible for the Buying & Category Management division, overseeing the German online retailer's diverse product categories and selection, and development and expansion of relationships with suppliers. Philipp Ludewig, 28, will ...
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Article
Sabu records stable revenues, but members’ sales drop by 3.6 %
Sabu Schuh & Marketing, one of the major German voluntary groups for independent shoe retailers, announced that its centralized settlements dipped from €317.8 million in 2017 to €317 million in 2018. The buying group from Heilbronn currently counts 700 affiliated retailers with 1,150 points of sale and total retail sales ...
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News briefs
Aeffe's revenues from footwear and leathergoods rose by 9.3 percent...
Aeffe's revenues from footwear and leathergoods rose by 9.3 percent in euros and in local currencies to €118.3 million in 2018. The Italian company, whose holdings include Pollini, raised its total consolidated revenues by 11.2 percent to €346.6 million, up by 10.9 percent at constant exchange rates. Sales through the ...
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News briefs
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers,...
Since January, Schuhe24, the German-based online marketplace for independent shoe retailers, has been coming to the aid of physical shoe and fashion retailers with financial difficulties by offering interest-free liquidity support. It will also be expanding the range of its consultancy and advisory services in the future. Schuhe24 reports that some ...
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News briefs
In 2020, Crocs will be relocating its headquarters from Niwot...
In 2020, Crocs will be relocating its headquarters from Niwot to Broomfield, another town in the same state of Colorado. This new building, which already stands, is more spacious, at 80,000 square feet, and more conveniently located, near the growing commercial corridor of Route 36, which passes through both Boulder ...
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News briefs
On Jan. 31, Mexico reduced to 20 percent its maximum...
On Jan. 31, Mexico reduced to 20 percent its maximum tariff on footwear imported from countries with which it lacks alternative trade agreements, including China. The decision has drawn criticism from Mexico's footwear industry. According to Luis Gerardo González, president of the Guanajuato Footwear Industry Association (CICEG), the lower tariff ...
